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Jobs in Singapore   »   Jobs in Singapore   »   Inforce Management Actuary
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Inforce Management Actuary

Scor Services Asia-pacific Pte. Ltd.

Main Scope

- Support experience studies on lapse and claims experience; deliver good quality experience studies to internal and external stakeholders in a timely manner

- Tracking and monitoring on the treaty level business performance; identify key drivers to emerging experience, in particular, on areas of under-performance, where possible, initiate and drive in-force management actions with the local markets

- Support the inforce monitoring process and reports covering key profitability metrics of various lines of business and to identify emerging trends which can be used by pricing and valuation teams

- Support the annual valuation BE assumption update review project, and other pricing renewal projects

- Work closely with market managers to identify key drivers to emerging experience and the corresponding remedial actions

- Create and manage efficient processes to compile data, study historical experience, store the results, and produce outputs that are easy to use

- Prepare external presentations of experience study results to facilitate the discussions or rate increase negotiations with the clients

- Support technical accountants on the setup of data infrastructure for the treaty management and administration platform


Qualifications and experience:

- Degree in Actuarial or relevant fields

- Good progress in Actuarial examinations from a recognized International Actuarial body

- At least 5 years of relevant working experience in insurance/reinsurance fields

- Strong data management and programming skills in SQL, R, Python, Excel VBA Macro and Microsoft Access. Skills in other softwares such as Tableau will be an added advantage.

- Experience in actuarial concepts and assumptions used for modelling, pricing and financial reporting in financial reporting/valuation department of life insurer or reinsurer

- Excellent oral and written skills in English. Additional Asian language skills will be an added advantage


Work based Competencies:

- Excellent organizational, interpersonal and communication skills

- Self-motivated and dedicated to meeting the expectations of internal and external customers

- Demonstrated ability to solve complex actuarial problems independently in a multi-dimensional context

- Team Player

- Customer focused

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